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Deployments · Securitize · platform by Securitize

BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV)New

A registered BlackRock money market fund launched in August 2026 for digitally native institutions, with shares issued on chain through Securitize, which is transfer agent and tokenisation provider. It holds cash, short-term Treasuries and Treasury repo, reinvests dividends daily and is meant to qualify as a reserve asset for US payment stablecoin issuers under the GENIUS Act.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Live (limited) since 3 Aug 2026[1] — About $50 million on Ethereum with one holder in October 2026. · Reviewed 13d ago

Assets
Fund interest[1]
On-chain fund shares issued through Securitize
Networks
Ethereum Public, permissionless[3]
Solana Public, permissionless[3]
Token deployed; no supply on 2026-10-14.
Tempo Public, permissioned[3]
Token deployed; no supply on 2026-10-14.
Use cases
Primary issuance[3]Fund subscription and redemption[4][1]Treasury management[1]
Jurisdictions
United States

Participants

Likely relevant regulation

Assets

Metrics

  • $50.35mAssets under management · as of 14 Oct 2026[3]
    On-chain via rwa.xyz at a $1 NAV; one holder.
  • $50.35mTokens on Ethereum · as of 14 Oct 2026 · on Ethereum[3]
    On-chain via rwa.xyz
  • $50.13m / monthGross subscriptions · as of Aug 2026[4]
    August 2026 total gross subscriptions of the OnChain Shares class (C000277485), from the fund's N-MFP3.
  • $0 / monthGross redemptions · as of Aug 2026context[4]
    August 2026 total gross redemptions of the same class. Context so subscriptions and redemptions are not added together (decision 2026-10-26-flows-2).
  • $148,641 / monthGross subscriptions · as of Sep 2026[5]
    September 2026 total gross subscriptions of the OnChain Shares class (C000277485), from the fund's N-MFP3.
  • $0 / monthGross redemptions · as of Sep 2026context[5]
    September 2026 total gross redemptions of the same class. Context so subscriptions and redemptions are not added together (decision 2026-10-26-flows-2).
  • $50.28mClass net assets · as of 30 Sep 2026[5]
    Net assets of the OnChain Shares class (C000277485) at month end, from the N-MFP3.

Timeline

  1. Happened 3 Aug 2026 · Launch · recorded 15 Oct 2026
    BlackRock launches BRSRV, a new tokenised money market fund for digital asset firms, alongside on-chain shares of its BSTBL fund.[1][2]

Sources

  1. [1]BlackRock Expands Tokenized Cash Platform with BSTBL OnChain Shares and BRSRV — BlackRock (via Business Wire / 01net), 3 Aug 2026. Accessed 15 Oct 2026. Full Business Wire release republished; businesswire.com returns 403 to the fetcher..B
  2. [2]BlackRock launches two tokenized money market funds for stablecoin reserves — The Block, 3 Aug 2026. Accessed 15 Oct 2026.C
  3. [3]BRSRV asset page (on-chain data) — rwa.xyz. Accessed 15 Oct 2026.A
  4. [4]BlackRock Daily Reinvestment Stablecoin Reserve Vehicle: Form N-MFP3 monthly report for August 2026 — BlackRock Funds (SEC Form N-MFP3), 8 Sep 2026. Accessed 26 Oct 2026.A
  5. [5]BlackRock Daily Reinvestment Stablecoin Reserve Vehicle: Form N-MFP3 monthly report for September 2026 — BlackRock Funds (SEC Form N-MFP3), 7 Oct 2026. Accessed 26 Oct 2026.A

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